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it hurt one party and elevate the other. joining me is marge yee omaraand ron myer. good morning to both of you. >> good morning. >> let me start, i am struck by the fact that tim geithner is so political in the discussions and calling out republicans, is that normal. >> i think he's on the way out of the door and doing it for president obama because they want the negotiations to found. howard dean said this is the best deal progressive democrats are going to get. if the fiscal cliff and the deal and what happens if we go off of the cliff. it really is a dnplatform. higher taxs and defense spending and isn't that what their platform said. they want to go off of the fiscal cliff. then negotiations fail president obama will not get blamed. it is someone else. >> gretchen: marjorie that sounds right other than the middle class getting hit with a tax hike isn't everything that ron just part of the dnc. >> it is it a big issue. president obama and really american people don't want to see middle class americans pay additional 2000 in taxes n which is what will happen in addition to cuts to pro
stop you there. we see the dow down 150 points now. >> yee. >> what does scenario looking look going off the fiscal cliff for a short time and long period of time. what are the scenarios. >> talk about what happens if we don't get a settlement on tax issue january 1st. means starting january 1st, january 2nd, 100 million americans will start paying much higher taxes on payroll, more money withheld on their income taxes. the average american worker with an income, say, 40 to $75,000 a year, is going to pay $2500 more per year in taxes. it is a big hit, jenna, a big hit to the u.s. economy if we don't get this settled sometime very soon. jenna: what about the conversations being had right now about our fiscal health, steve? we talk a lot about taxes. a lot about spending cuts. where is the focus on growth and building a bigger, better america? where is that conversation? >> well that's a great question. that is one of the frustrations i have had with these discussions. if we want to get the fiscal health in better order as you just said we have to get the economic growth going. we have
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